[Haichuan Project Updates] The first phase of the Sino-Thai 1.2 million-ton polyester project has commenced construction in Korla

The first-phase polyester project serves as a crucial link connecting the chemical industry with the textile and apparel industry. As Xinjiang’s first large-scale polyester project, it will fill the gap in the region’s lack of large-scale polyester and fiber products, diversify the industrial portfolio of the park, contribute to the development of a modern industrial system, and promote the rapid growth of the fine chemicals and textile/apparel industries in the park. The Shangku Comprehensive Industrial Park in Korla will make every effort to provide various forms of support, working together to ensure that the project is completed and starts to yield results as soon as possible. It is understood that the commencement of construction of the first phase of the polyester project represents an important step taken by Xinjiang Zhongtai Group to advance the development of the textile and apparel industry in Xinjiang, thereby creating employment for millions of people and helping to overcome poverty. Polyesters have a wide range of applications; they can be used to produce high-quality clothing, curtains, carpets, home textiles, and functional outdoor sportswear. Once the first phase of the polyester project is completed and put into operation, it will generate annual sales revenue of 3.76 billion yuan, while creating direct employment for over 600 people. It has created employment for over 50,000 people in related industries such as weaving and printing and dyeing downstream.

There are increasingly more projects in the Shangku Petrochemical Industrial Park

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